BSRE subsidiary of implementing strategic reserves

11 Feb 10 – Baotou Steel Rare Earth published yesterday that the company’s subordinate Baotou Steel Rare Earth International Trade Co., Ltd approved by Inner Mongolia government to implement rare earth raw materials strategic reserves plan in Baotou.Asian Metal Copyright Inner Mongolia autonomous and Baotou government and Baotou Steel Rare Earth Group will support in the way of interest subsidies, and autonomous and Baotou government will support around ten million Yuan respectively, and the other will be borne by the Group.Asian Metal Copyright Reserves will be borne by the enterprise itself.Asian Metal Copyright Reserves will be borne by the enterprise itself.Asian Metal Copyright Inner Mongolia autonomous and Baotou government and Baotou Steel Rare Earth Group will support in the way of interest subsidies, and autonomous and Baotou government will support around ten million Yuan respectively, and the other will be borne by the Group.Asian Metal Copyright Reserves will be borne by the enterprise itself.Asian Metal Copyright Storage products are mainly for rare earth ores and oxide.